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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (59485)3/12/2004 1:11:27 PM
From: cheryl williamson  Read Replies (1) | Respond to of 64865
 
"...US is turning into a giant B2B exchange with nothing produced here, only sold here"

well stated... an observation supported by the conservative wing of the Republican Party (Pat Buchannan) and Independents like Ross Perot and by organized labor.



To: Lizzie Tudor who wrote (59485)3/12/2004 1:56:10 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 64865
 
did this get posted?

Sun: Darkest Before the Dawn?
yahoo.businessweek.com



To: Lizzie Tudor who wrote (59485)3/12/2004 9:18:12 PM
From: rkral  Respond to of 64865
 
OT .. Lizzie, re "US is turning into a giant B2B exchange with nothing produced here, only sold here ..."

On a regional scale, that's known as a "bedroom community". So, on a country scale, I guess we'll have to "commute" overseas. :-)

Ron



To: Lizzie Tudor who wrote (59485)3/13/2004 11:34:53 AM
From: Dinesh  Respond to of 64865
 
Cheryl and Lizzie

I would like to disagree, and here is the reason. Tax loophole is a legality issue and I am not a lawyer so I will stay away from that part.

We in CA too produce a lot of stuff and only sell them abroad. One can buy a Siebel (or whoever) solution (not just a shrinkwrap) in the Republic of Ghana (or wherever) and the ROGs yet to go after the value-add of Siebel's professional services staff sitting in San Mateo or wherever. Siebel too may assemble its solution using a lot of third party products.

How is this any different from Infosys (or whoever) building a solution outside CA and billing in CA?

If you can spot similarities in these two cases, then you would also agree that what we have before us is an engagement in protectionist practices. That may be the political call of the day, but we all know who ends up paying for it. Did we ever get all those electric-billions back? Of course not. But it was a politically motivated deal, the cost of electricity charged to be on that Malthusian rocket.

I can see that this trend will continue, as desired by our very American corporations and goaded on their stockowners.

Back to Infosys and CA. I couldn't care less if Infosys thrives or dies. I got no stake in it. Not yet.

But allow me to also take you on a little journey to Bangalore, home of Infosys. On a recent visit there I saw a whole lot of, yes! American brands there - PCs by Intel, film by Kodak, mighty machines from Cat, shoes from Nike (well this is one company that doesn't produce much in the USA, does it?), fridges and microwaves and ovens from GE and Whirlpool, Fords and Citibank and on and on. I am sure some of that money is flowing back into the country too. Maybe their workers are lovin it, just as software engineers are hatin it. You figure out who you love more.

We need to move up the chain, and we will, as we have always done. Not that I got no respect for Perots and Buchanans...

Regards
Dinesh